The Dynamic Software Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. 4 other funds in our database have a greater than 99% correlation with PSJ.

Within the PowerShares family of funds, the most positively correlated other funds are S&P SmallCap Health Care Portfolio, S&P SmallCap Information Technology Portfolio, QQQ, NASDAQ Internet Portfolio, Dynamic Food & Beverage Portfolio.

Outside of the PowerShares family, the most positively correlated other funds are iShares - North American Tech-Software ETF, SPDR - S&P Health Care Equipment, Schwab - Large-Cap Growth, Vanguard Mutual Funds - Information Technology Index Admiral Shares, Vanguard - Information Technology.

Extremely Similar Funds

There are multiple other funds which have extremely high correlation to PowerShares's Dynamic Software Portfolio fund.
99.4% IGV iShares North American Tech-Software ETF
99.2% XHE SPDR S&P Health Care Equipment
99.1% PSCH PowerShares S&P SmallCap Health Care Portfolio
99.1% PSCT PowerShares S&P SmallCap Information Technology Portfolio

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
PSCH PowerShares S&P SmallCap Health Care Portfolio 99.1%
PSCT PowerShares S&P SmallCap Information Technology Portfolio 99.1%
QQQ PowerShares QQQ 98.9%
PNQI PowerShares NASDAQ Internet Portfolio 98.8%
PBJ PowerShares Dynamic Food & Beverage Portfolio 98.6%
Negatively Correlated PowerShares funds
LALT PowerShares Multi-Strategy Alternative Portfolio -71.5%
UDN PowerShares DB US Dollar Index Bearish Fund -62.7%
PBW PowerShares WilderHill Clean Energy Portfolio -62.5%
PSAU PowerShares Global Gold and Precious Metals Portfolio -58.0%
DBO PowerShares DB Oil Fund -57.3%

Positively Correlated Non-PowerShares funds
IGV iShares North American Tech-Software ETF 99.4%
XHE SPDR S&P Health Care Equipment 99.2%
SCHG Schwab Large-Cap Growth 99.0%
VITAX Vanguard Mutual Funds Information Technology Index Admiral Shares 98.9%
VGT Vanguard Information Technology 98.9%
Negatively Correlated Non-PowerShares funds
EWZS iShares MSCI Brazil Small-Cap ETF -87.8%
SLVP iShares MSCI Global Silver Miners ETF -86.4%
RING iShares MSCI Global Gold Miners ETF -86.0%
EMEY iShares MSCI Emerging Markets Energy Capped ETF -85.5%
EEML iShares MSCI Emerging Markets Latin America ETF -83.6%

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